Markets cautious ahead of key data and bank earnings, with S&P futures ticking slightly higher

From NASDAQ.: 2024-07-12 07:33:59

Investors are cautious as September S&P 500 E-Mini futures trend up +0.12%. Tesla and Delta Air Lines saw losses, while WD-40 reported positive Q3 results. U.S. CPI data showed a drop in prices. Fed officials hint at possible policy adjustments. Rate futures predict slim chance of July cut, higher chance in September. Major U.S. banks to release earnings as U.S. Producer Price Index data looms. European markets up on earnings news. French and Spanish CPI data released. Asian markets mixed on trade data and political meeting expectations. China’s Trade Balance stronger than expected, Japan’s Nikkei 225 down sharply. Pre-market movers include Tesla, Array Technologies, and Carvana.



Read more at NASDAQ.: S&P Futures Tick Higher Ahead of Key U.S. PPI Data and Big Bank Earnings